All right, deregulation, as I said, President Trump may be the biggest, even more than Reagan, the biggest deregulation president. It's estimated that regulations cost our economy $2.1 trillion. President Trump has said he promises to eliminate 10 regulations for each new regulation. He's rewriting workplace regulations. The annual cost to American households is about 16,000 annually. Look, we need regulations. We need a certain level of regulations, of course, but the amount of regulations that have been built on. (16:58–17:04)
CLAIM
Asserts that President Trump pledged to remove 10 regulations for every new one introduced.
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